Taleris Credit Union Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 340153040 ✦ Independence, OH ✦ Designated as a 501(c)(14)

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Overview

What is Taleris Credit Union Inc?

Taleris Credit Union Inc, located in Independence, Ohio, is a mid-sized credit union with a strong history spanning over 80 years. Serving around 6,481 members, this Ohio-chartered financial institution offers a range of affordable services and products, such as consumer loans, mortgage loans, business loans, and deposit accounts, including savings, checking, money market, and IRA accounts. They also provide term share certificates, debit and ATM cards, online banking services, shared branching, online bill pay, overdraft protection, and other standard banking services. Their primary mission is to provide lending, savings, and financial services to their qualifying members. The credit union currently employs 17 individuals, dedicated to serving their community.


Official website here: www.taleriscu.org

Is Taleris Credit Union Inc legitimate?

Taleris Credit Union Inc is a legitimate nonprofit organization registered as a 501(c)(14) entity. Taleris Credit Union Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $274,726
Professional Fundraising Fees: $0
Other Salaries and Wages: $678,229

For more financial information, click here


Official website here: www.taleriscu.org

What is the mission statement of Taleris Credit Union Inc?

Taleris Credit Union Inc's mission is centered around providing a range of financial services to its eligible members. This includes offering various types of loans, such as secured and unsecured consumer loans, mortgage loans, and business loans. Additionally, they provide business deposit accounts, savings accounts, checking accounts, money market accounts, IRA accounts, term share certificates, and other standard banking services and products. Their mission extends to catering to the financial needs of their members effectively, having served them for over eight decades.


Official website here: www.taleriscu.org

Who is the CEO of Taleris Credit Union Inc?

Robin Thomas is the President & of Taleris Credit Union Inc.


Official website here: www.taleriscu.org

What is the revenue of Taleris Credit Union Inc?

Taleris Credit Union Inc's revenue in 2022 was $2,944,690.


Official website here: www.taleriscu.org

Who are the executives of Taleris Credit Union Inc and what are their salaries?

The average compensation at Taleris Credit Union Inc during 2022 was $56,056. There are 17 employees and 7 volunteers at Taleris Credit Union Inc.


Here are 9 key members and their salaries:


Robin Thomas (President &)
  • Compensation: $181,227
  • Related: $0
  • Other: $38,040
Kristen Kilfoyle (Vp Lending/B)
  • Compensation: $93,499
  • Related: $0
  • Other: $18,960
Mary Brumbaugh (Board Secret)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Carnahan (Board Treasu)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Clawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Holden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Katzenmeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Salsbury (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Vocaire-Tramposch (Board Vice C)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.taleriscu.org

Where can I find the form 990 for Taleris Credit Union Inc?

Taleris Credit Union Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.taleriscu.org

Learn more at the official website: www.taleriscu.org

Mission Statement of Taleris Credit Union Inc

Taleris Credit Union Inc, a mid-sized credit union with a history spanning over 80 years, is committed to providing lending, savings, and various financial services to its qualifying members. This mission is centered around offering affordable services and products, which encompass secured and unsecured consumer loans, mortgage loans, business loans, business deposit accounts, savings accounts, checking accounts, money market accounts, IRA accounts, term share certificates, debit cards, ATM cards, online banking services, shared branching services, online bill pay services, overdraft protection, and other standard banking services and products. By doing so, Taleris Credit Union Inc aims to serve its members and sponsor groups with integrity and dedication, ensuring financial well-being and stability.

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Impact




October, 2024

Taleris Credit Union Inc significantly impacts its community by providing affordable financial services to its 6,481 members. With a diverse range of offerings, including secured and unsecured consumer loans, mortgage loans, and business loans, Taleris plays a vital role in promoting financial stability and growth. Its services also encompass business deposit accounts, various checking and savings accounts, money market accounts, IRAs, and term share certificates, catering to the diverse financial needs of individuals and businesses alike.

The credit union has been part of the Ohio community for over 80 years, demonstrating a longstanding commitment to enhancing the financial well-being of its members. By offering features such as online banking, shared branching services, online bill pay services, and overdraft protection, Taleris makes banking accessible and convenient. This accessibility helps foster a culture of savings and responsible borrowing within the community.

Moreover, Taleris contributes to the local economy by supporting businesses and individuals in achieving their financial goals, ultimately promoting a more vibrant and economically stable community in Independence, Ohio.




This information is meant to be a general summary of Taleris Credit Union Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,944,690 (2022)
Expenses
$2,819,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $294,782
  • Program Service Revenue: $2,226,349
  • Gross Receipts: $2,944,690

Assets and Liabilities:

  • Total Assets: $72,461,509
  • Total Liabilities: $65,204,724
  • Net Assets: $7,256,785

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN INTEREST

Revenue

$1,952,675

FEE INCOME

Revenue

$273,674

Organization Details

Founding Year

1935

Principal Officer

Robin Thomas

Main Address

6111 OAK TREE BLVD SUITE 110, INDEPENDENCE, OH, 44131

NTEE Category

Code: W60 - Public benefit

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